Latest news and headlines for personal wealth.
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Superyacht sales plunge as wait times rise, Russian oligarchs drop out of the market

Sales of superyachts took a dive in 2023, as long waiting lists, soaring costs and Russian oligarch sanctions hit demand.

Wed Apr 17, 2024 14:44
State tax officials are using AI to go after wealthy payers

New York state is sending out AI-generated letters looking for tax revenue, many of them focused on remote work or a change in tax residency.

Mon Apr 15, 2024 15:36
The rich are getting second passports, citing risk of instability

The top destinations for supplemental passports among Americans are Portugal, Malta, Greece and Italy, according to a leading law firm.

Wed Apr 10, 2024 14:38
The wealth of the 1% just hit a record $44 trillion

Economists say the rising stock market is giving an added boost to consumer spending through what is known as the "wealth effect."

Thu Mar 28, 2024 20:08
Winning ticket for Mega Millions $1.128 billion jackpot sold in New Jersey — here’s how much the winner will owe in taxes

A single ticket in New Jersey won the $1.128 billion Mega Millions jackpot. Here is how much the winner will owe in taxes.

Wed Mar 27, 2024 22:00
Mumbai overtakes Beijing to become Asia's billionaire capital for the first time

Mumbai is now the Asian capital with the most number of billionaires, according to Hurun Research Institute's global rich list. 

Wed Mar 27, 2024 19:00

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